In the Quadratic Regression Model Y = $\beta$ ₀ $\beta$ ₁x

question 97

Multiple Choice

In the quadratic regression model y = $\beta$ ₀ + $\beta$ ₁x + $\beta$ ₂x² + $\varepsilon$ ,if the term $\beta$ ₂ is greater than zero,then the parabola opens __________.

• A)Up
• B)Down
• C)To the left
• D)To the right

---

Definitions:

Financial Statement

A report in written form that provides a quantitative analysis of a corporation's financial status, encompassing the balance sheet, income statement, and cash flow statement.

Temporary/Permanent

In accounting, this distinction refers to how certain accounts (temporary) close at the end of a fiscal period, while others (permanent) carry their balances forward.

Account Balance

The difference between the debits and credits recorded in an account.

Financial Statement

A precise documentation of monetary activities and the financial state of a corporation, a person, or another entity.